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and then met with nancy pelosi, the democratic leader on capitol hill. today we're told he had a phone call on air force one from harry reid. presumably to go over what it is their hashing out behind the scenes. a public and private scene going on here. >> they don't have to be face to face to keep the negotiations going. thank you. and as we get closer to the cliff's edge, a number of republicans in congress say they would be willing to accept tax increases on the wealthiest americans if they are accompanied by large enough spending cuts. >> one of those is tom cole who is a republican from oklahoma who joins us now live from capitol hill. fantastic to have you here on the show, congressman. >> good to be with you. >> what kind of spending cuts do you need to see, congressman, for you to be able to vote for those tax hikes on the top 2%? >> for the record i don't promote raising taxes on anybody. but if congress doesn't act they go up automatically. i'd like to take an area where we agree with the area, that we're not going to raise taxes on 98% of the
and then met with nancy pelosi, the democratic leader on capitol hill. today we're told he had a phone call on air force one from harry reid. presumably to go over what it is their hashing out behind the scenes. a public and private scene going on here. >> they don't have to be face to face to keep the negotiations going. thank you. and as we get closer to the cliff's edge, a number of republicans in congress say they would be willing to accept tax increases on the wealthiest americans if...
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if this wasn't buffett, this was a clear, clear violation of that so-called nancy pelosi, let's try to tax the wealthy people as much as we possibly can. and why is it that the general media refuses to call bev fuffe out on this? i don't know, but it upsets me. >> wait till next year and you pay higher taxes because i believe the tax rate should go higher. do you think warren buffett is writing a check to the government for this year's taxes because he thinks he should pay higher taxes? no. >> the seller wanted an incentive to have the higher capital gains in this year. my point is that buffett made it quite easy for his friend to be able to pay less taxes to the government. and we're in a, as you clearly saw from the boehner press conference, we're in an environment where the wealthy people, somebody who sells a billion dollars worth of stock should pay the most taxes. >> that he didn't want to see 9200 shares of class "a" stock all at once and cause panic? >> could have been. could have been. but come on, folks in the general media, folks at "the new york times," be a little more hyp
if this wasn't buffett, this was a clear, clear violation of that so-called nancy pelosi, let's try to tax the wealthy people as much as we possibly can. and why is it that the general media refuses to call bev fuffe out on this? i don't know, but it upsets me. >> wait till next year and you pay higher taxes because i believe the tax rate should go higher. do you think warren buffett is writing a check to the government for this year's taxes because he thinks he should pay higher taxes?...
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nancy pelosi is even talking about, you know, it's not about race. it's about revenue. it's about getting the money we need to reduce the deficit. so atmospherics are better. we've got a chance. >> it sounds a lot better. we also try and figure out what the plan actually looks like just in terms of the ratio of spending cuts to tax increases or revenue increases. and there've been a lot of people who've gone back and forth. it started out where we were probably closer to three to one back last summer. and i thought that was what simpson-bowles laid out. then i've also seen something that was circulating last week, suggesting that the simpson-bowles plan really called for a one-to-one ratio. is that true? >> no. what we did is, we took current policy at that time. current policy at that time and bush tax cuts from the top 2% expiring and we took that as the baseline, and then what we did is we reformed the tax code so we could broaden the base, simplify the code and we got about $1 trillion of new revenue coming in, and we got $3 trillion of spending cuts. that gave us o
nancy pelosi is even talking about, you know, it's not about race. it's about revenue. it's about getting the money we need to reduce the deficit. so atmospherics are better. we've got a chance. >> it sounds a lot better. we also try and figure out what the plan actually looks like just in terms of the ratio of spending cuts to tax increases or revenue increases. and there've been a lot of people who've gone back and forth. it started out where we were probably closer to three to one back...
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the speaker lost his right, nancy pelosi lost her left, and they come together here. that's doable, yes? >> i think so. i think there has to be a lot of people, republicans, that wish they would have taken the deal seeing how the election came out that taking the deal in the summer of 2011 where president obama reluctantly indicated that he would be for changing the cost of living formula for social security, raising the retirement age very slowly for medicare, and because those things are going to be harder to get now for democrats, because the left has mobilized, liberal groups are very active. but i think the democrats recognize the entitlement spending has to be curved. >> they don't want to change it structurally. they don't want to block medicare, or voucherize medicare, or privatize social security. so if you those things, you v to make the armath work. >> let me tell you where the republicans are in their thinking. i think republicans are saying the president will probably get his way on his tax increases on the rich. let's say he gets that, that raises maybe
the speaker lost his right, nancy pelosi lost her left, and they come together here. that's doable, yes? >> i think so. i think there has to be a lot of people, republicans, that wish they would have taken the deal seeing how the election came out that taking the deal in the summer of 2011 where president obama reluctantly indicated that he would be for changing the cost of living formula for social security, raising the retirement age very slowly for medicare, and because those things...
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pelosi can stir up and pass it? >> i'm not sure there's support for rate hike, there is support for the revenue by cleaning up the tax code. >> isn't there $800 billion of collected revenue still a tax hike? >> this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there and -- there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave campus p dave's camp has put an incredible amount of time on this. it is the time, this is the opportunity to clean that code up. >> if we don't act before the end of the year, taxes go up for everybody, not for 2%, and it's a lot more than $800 billion. there's a big difference between a temporary tax cut that goes out than's proactively raising taxes. it happens automatically. we have to do something and doing something requires the cooperation of the senate, which the democrats run, and the signature of the president. so we're not going to
pelosi can stir up and pass it? >> i'm not sure there's support for rate hike, there is support for the revenue by cleaning up the tax code. >> isn't there $800 billion of collected revenue still a tax hike? >> this has been part of the debate for years. looking at cleaning up the code. and candy, getting in there and -- there are so many ways you can do it. maybe you want to cap total deductions, maybe you want to look at some of these tax credits and clean this code up. dave...
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. >> if you look at the accounts of the negotiations of 2011 when you had boehner, mcconnell, nancy pelosi all in one ba bainer and the president who were on the phone meeting privately. they could go fwook their constituents and boehner could go to eric cantor and see what kind of deal they could get. but that was the dynamic that came the closest. >> they didn't have control of their parties basically right? does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a deal done? >> i think there's some criticism from republicans about secret negotiations. i hate to break to to people in washington, but all negotiations over policy are secret in washington. that's how legislation gets done. you have to be in a room with negotiators to cut a
. >> if you look at the accounts of the negotiations of 2011 when you had boehner, mcconnell, nancy pelosi all in one ba bainer and the president who were on the phone meeting privately. they could go fwook their constituents and boehner could go to eric cantor and see what kind of deal they could get. but that was the dynamic that came the closest. >> they didn't have control of their parties basically right? does john boehner have more control? >> they think obama can get...
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i'll play a little clip minority leader in the house of representatives nancy pelosi. >> for them to slap the face of our veterans, of people with disabilities, of families with children with disabilities, that was one of the saddest days. anyone who was a party to that, well, i wish them well wherever they are going and hope that we can have more of our values represented there. >> she was referring to your may vote, your vote against this international treaty to help people with disabilities all over the world. there are a bunch of republicans who voted against it even though john mccain and bob dole and others came and pleaded with you to vote for this treaty. >> wolf, the issues -- the rights and privileges, opportunities for the disabled are very important. they're too important to turn over -- >> why were you against this treaty? >> if it's important, why turn it over to united nations? >> senator kerry says they're not turning it over. the united nations is just the body that's going to help other countries do what we are doing here in united states. >> wolf, if that were true
i'll play a little clip minority leader in the house of representatives nancy pelosi. >> for them to slap the face of our veterans, of people with disabilities, of families with children with disabilities, that was one of the saddest days. anyone who was a party to that, well, i wish them well wherever they are going and hope that we can have more of our values represented there. >> she was referring to your may vote, your vote against this international treaty to help people with...
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. >> so let me ask you though, today nancy pelosi filed a petition to try to force a house vote later this month on extending the bush tax cuts for families that make under $250,000 a year. as you just said, you stand by your support of that position. but you've said you wouldn't support the petition by nancy pelosi. >> well, i'd like to ask leader pelosi how many discharged petitions she supported when she was speaker. i mean, the reality -- that's a little game. it's not going to be helpful. it's not going to get anything done. and no, i would never sign a discharge petition against my own speaker or my own conference. the way you do things is to negotiate. and frankly, the negotiation is going to largely involve the president of the united states and the speaker of the house of representatives. with all due respect to the other players, they're honestly less central to this. and if they can come to a deal, then i think we can avoid the fiscal cliff. >> and do you think that -- somebody put this idea out here. and this idea is really vile. i'll use the right word. i think you'll agr
. >> so let me ask you though, today nancy pelosi filed a petition to try to force a house vote later this month on extending the bush tax cuts for families that make under $250,000 a year. as you just said, you stand by your support of that position. but you've said you wouldn't support the petition by nancy pelosi. >> well, i'd like to ask leader pelosi how many discharged petitions she supported when she was speaker. i mean, the reality -- that's a little game. it's not going to...
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more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? "outfront," two men who know taxes very well. douglas holtz-ekin, president of the american action forum and robert reich from the university of california and berkeley and former secretary under bill clinton. douglas, does this sound like code for a deal in the works? >> it certainly is good news that they aren't taking things off the table. i would be premature if i was celebrating a deal. there's a long way to go. it's important that they reach an agreement. the fiscal cliff is a very real danger to the united states economy. it's a recipe for a recession. and i certainly would not like to see the rhetoric that we saw from the treasury secretary tim geithner who said he's prepared to go over the fiscal cliff. that is not a good way to talk about what's going on right now. >> m
more evidence boehner's democratic counterpart house minority leader nancy pelosi also seems to be softening her language as we head into the weekend. listen. >> what we want to do is protect the middle class. so it's not about the rate. it's about the money. >> so is 37 the magic number in this fiscal cliff debate? "outfront," two men who know taxes very well. douglas holtz-ekin, president of the american action forum and robert reich from the university of california and...
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and today house minority nancy pelosi had this to say. >> the president has been very specific, do you not agree? [ inaudible question ] $1.6 trillion. at some point, you are cutting the seed corn of our future. the president wants investments in infrastructurinfrastructure, investments. you're not going to reduce the deficit by only cutting your way to it because you will cut the prospects for job creation which produce revenue. >> so while people in washington go back and forth over the fine print, what does it mean for you on january 1st? your personal economy of one as we like for say. i asked you to tweet me some of your questions and you've been fabulous at doing that. one of the best in the business, ali velshi, is kind enough to grace us with your presence. >> those are great questions. great to know what people want to know. >> there were so many. let me get some of the highlights. lisa asks how does this affect the extension of unemployment benefits which expire december 31. >> this is awful. this is the worst part about it. unemployment benefits are traditionally 26 weeks pr
and today house minority nancy pelosi had this to say. >> the president has been very specific, do you not agree? [ inaudible question ] $1.6 trillion. at some point, you are cutting the seed corn of our future. the president wants investments in infrastructurinfrastructure, investments. you're not going to reduce the deficit by only cutting your way to it because you will cut the prospects for job creation which produce revenue. >> so while people in washington go back and forth...
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not sure if you caught this, but house democratic leader nancy pelosi launched this effort to force a vote, force a vote on extending the middle class tax cut while letting taxes go up first of the year for the wealthiest 2% of americans. keep in mind, republicans own the house majority, so they control which bills, of course, come to vote. and they have not allowed a vote on the tax cuts. so pelosi has begun to circulate this petition and it would force a vote on the measure. they have to get the signatures just to get the vote to happen. if all house democrats sign the petition, she still needs just about two dozen republicans to come on board as well, and that could prove to be a pretty tough task. joining me now from washington, congressman steve israel, democrat of new york. congressman, nice to see you back here on the show. >> thanks, brooke. >> i understand you, yourself, have been reaching out to some of the house republicans on this. have you spoken to any of them? >> i have. and you're right, it is tough for a republican to break with his or her party and sign this petition
not sure if you caught this, but house democratic leader nancy pelosi launched this effort to force a vote, force a vote on extending the middle class tax cut while letting taxes go up first of the year for the wealthiest 2% of americans. keep in mind, republicans own the house majority, so they control which bills, of course, come to vote. and they have not allowed a vote on the tax cuts. so pelosi has begun to circulate this petition and it would force a vote on the measure. they have to get...
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minority leader nancy pelosi just arrived. basically, it's going to be very similar to the briefing that some of the members of the intelligence committees, armed services committee, the leadership, those classified briefings already took place with a very specific level of detail. this briefing now is open to all members of the house. they won't go over as much classified material as in those other briefings but we are expecting that they will be seeing this video, this surveillance video of the night of the attack in benghazi at the consulate. certainly there are other members in addition to those committee leaders that have a lot of questions. >> so who decided to hold this meeting? is it public relations stuff for the benefit of the american people? i know i'm being cynical here. or is it from all of the criticism from the lawmakers about what happened in benghazi? >> reporter: no, this is a routine intelligent briefing. they receive briefings regularly. obviously the headline isn't benghazi today and these members wanted
minority leader nancy pelosi just arrived. basically, it's going to be very similar to the briefing that some of the members of the intelligence committees, armed services committee, the leadership, those classified briefings already took place with a very specific level of detail. this briefing now is open to all members of the house. they won't go over as much classified material as in those other briefings but we are expecting that they will be seeing this video, this surveillance video of...
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pelosi spoke a short time ago, deep sigh. not there yet. take a listen. >> republicans put out a let they're had more signatures than ideas. it had like one number. that's not -- let's get real. let's really get real about this if we are going to have a solution. >> here we are at the 11th hour and the president still is not serious about dealing with this issue right here. it's this issue. spending. we want to talk about polling. most americans agree that spending is a much bigger problem than raising taxes. we want to deal with this in a responsible way. >> as you just heard, house speaker said the white house is not serious about cutting spending, but the white house said it could be over if republicans agreed to raise taxes on the top 2%. guess what. 76% of adults surveyed agree with the president on this one. this is according to the polls as the "wall street journal" nbc poll. let's go to washington to the senior congressional correspondent. dana, you talked to the two men who spent their careers in congress making deal
pelosi spoke a short time ago, deep sigh. not there yet. take a listen. >> republicans put out a let they're had more signatures than ideas. it had like one number. that's not -- let's get real. let's really get real about this if we are going to have a solution. >> here we are at the 11th hour and the president still is not serious about dealing with this issue right here. it's this issue. spending. we want to talk about polling. most americans agree that spending is a much bigger...
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>> reporter: a very interesting moment when the former democratic house speaker nancy pelosi had blunt advice for the current republican house speaker in terms of learning how to get his caucus together to find a deal that can actually pass congress and that the president will sign and those blunt words were, quote, figure it out. sources of both parties say a tuesday evening phone call between the president and speaker boehner did not go well. >> well, the president and i had a deliberate call yesterday and we spoke honestly and openly about the differences that we face. >> cnn has learned at least part of the reason why. tuesday's gop counteroffer included a renewed explicit call for a, quote, permanent extension of bush era tack cuts for the top 2% of americans. according to a democratic source familiar with the language. the democratic source argued that proposing to permanently extend tax cuts for the wealthy that the president calls a nonstarter shows that republicans are either, quote, unwilling or unable to make an offer they can pass and the president will sign. >> those magic
>> reporter: a very interesting moment when the former democratic house speaker nancy pelosi had blunt advice for the current republican house speaker in terms of learning how to get his caucus together to find a deal that can actually pass congress and that the president will sign and those blunt words were, quote, figure it out. sources of both parties say a tuesday evening phone call between the president and speaker boehner did not go well. >> well, the president and i had a...
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today boehner and nancy pelosi back to finger pointing. >> a lot of people know the president and i met on sunday. it was a nice meeting, cordial. but we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the white house walks the process, the closer our economy gets to the fiscal cliff. >> what i would do to respond to what the speaker has said, though, is to set the record straight. the fact is that the president has and democrats agree with him, agreed to over $1.5 trillion, $1.6 trillion in cuts and the budget control act and other acts of congress in this -- in this particular congress. $1.6 trillion in cuts. where are the cuts? they're in bills that you, mr. speaker, have voted for. >> so it all comes down to tax revenues and spending cuts. tom foreman gives us a virtual view of what is involved in negotiations. watch. >> what you're looking at in the room is everything the federal government spends m
today boehner and nancy pelosi back to finger pointing. >> a lot of people know the president and i met on sunday. it was a nice meeting, cordial. but we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. you know, where are the president's spending cuts? the longer the white house walks the process, the closer our economy gets to the fiscal cliff. >> what i would...
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so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the country. host: we are talking about social security and how would factors into the so called "fiscal cliff." if you would like to join the conversation, here are the numbers to call -- we will get to the calls in a moment. we will hear what they think about social security being on the table. do you get the sense we will talk about this a lot in the next couple weeks or will this discussion, a lot more next year? guest: it's not clear whether they will be able to get social security part of the deal right now. the republicans have proposed it and the
so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the...
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pelosi were still speaker. it was more of a provocation than a proposal, to be perfectly frank about it. it was a message that the president doesn't want to deal at all. to date not a single democrat has come forward to support the geithner proposal, and anybody who actually looks at the details would certainly understand why. as i just indicated, it includes a $2 trillion tax increase over ten years, the biggest real-dollar tax increase in u.s. history. it increases taxes on nearly one million small businesses in the middle of a jobs crisis. according to ernst & young, this type of rate hike would cause more than 700,000 americans to lose their jobs. it raises taxes on investment income, harming economic growth even more. it includes tens of billions of dollars in more washington spending in a deal supposedly to cut the deficit. and most outrageous of all, it gives the president of the united states unilateral power to raise the limit on the federal credit card, the so-called debt ceiling, whenever he wants or
pelosi were still speaker. it was more of a provocation than a proposal, to be perfectly frank about it. it was a message that the president doesn't want to deal at all. to date not a single democrat has come forward to support the geithner proposal, and anybody who actually looks at the details would certainly understand why. as i just indicated, it includes a $2 trillion tax increase over ten years, the biggest real-dollar tax increase in u.s. history. it increases taxes on nearly one million...
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so has nancy pelosi, the democratic leader in the house. host: the cost of living adjustment in social security, does that change depending on where you live in the country? if you live in a more or less expensive area? or is it across the board for everyone? guest: it's across the board for everyone so it's a percent. it depends on how big your benefits are each year. you cited some average numbers of about $1,200 a month for a retired worker. a lot of people get more. some people get less. so the dollar amount for your increase would change depending on that. but, no, the percentage increase is the same no matter where you live in the country. host: reporter for the associated press. we're talking about social security and how it factors into the so-called fiscal cliff. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> waiting for the u.s. house to gavel back in momentarily for a couple of votes including a vote on the rule allowing legislation to be brought up before the h
so has nancy pelosi, the democratic leader in the house. host: the cost of living adjustment in social security, does that change depending on where you live in the country? if you live in a more or less expensive area? or is it across the board for everyone? guest: it's across the board for everyone so it's a percent. it depends on how big your benefits are each year. you cited some average numbers of about $1,200 a month for a retired worker. a lot of people get more. some people get less. so...
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host: nancy pelosi had op-ed this morning. a nonstarter?non starte >> "how do we protect the vulnerable 66-year-old if we go this route? how can they avoid the premium? how can we protect them?" look at the savings you can achieve. could the day through a policy solution make sure that people get coverage they could afford? host: do you know how the people are using medicare? guest: about 50 million people. host: mary agnes carey, what is your connection to the kaiser foundation? guest: we are a program of the kaiser family foundation. my newsroom is like every other newsroom in washington. we come up with stories and pitched them to our editors. the stories run on our site and we have stories that run on our partner publications, "the new york times," "the washington post." we can reach a great audience through our website and through our partner publications. i've been covering health care -- i move to washington and bill clinton had just been elected. i was told to check that out. i learned a lot there uncovered appropriations and the fl
host: nancy pelosi had op-ed this morning. a nonstarter?non starte >> "how do we protect the vulnerable 66-year-old if we go this route? how can they avoid the premium? how can we protect them?" look at the savings you can achieve. could the day through a policy solution make sure that people get coverage they could afford? host: do you know how the people are using medicare? guest: about 50 million people. host: mary agnes carey, what is your connection to the kaiser...
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so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the country. host: we are talking about social security and how would factors into the so called "fiscal cliff." if you would like to join the conversation, here are the numbers to call -- we will get to the calls in a moment. we will hear what they think about social security being on the table. do you get the sense we will talk about this a lot in the next couple weeks or will this discussion, a lot more next year? guest: it's not clear whether they will be able to get social security part of the deal right now. the republicans have proposed it and the
so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the...
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pelosi spoke to reporters about the issue. she called the republican proposal "an assault on middle- class and seniors." >> good morning. here we are. thursday in december, the talk around here is what is going not at the negotiating table. is anything going on at the negotiating table? what is important, i think, is what is happening at kitchen tables across america. the relationship to decisions that are made here to what those discussions are. i think it is important to take a moment to see the context with which these negotiations are taking place. the middle class -- and we saw the republican plan, the proposal was an assault on a middle-class, seniors and on our future. when you look at kitchen tables across the country and how people are concerned about how they pay their bills, it is important to know that all of those decisions the mermaid to the economic security -- the decisions that are made have an impact on middle class families and on the prospects of the future for the young people and their families. when we l
pelosi spoke to reporters about the issue. she called the republican proposal "an assault on middle- class and seniors." >> good morning. here we are. thursday in december, the talk around here is what is going not at the negotiating table. is anything going on at the negotiating table? what is important, i think, is what is happening at kitchen tables across america. the relationship to decisions that are made here to what those discussions are. i think it is important to take...
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after that, speaker john boehner and nancy pelosi on the so- called fiscal cliff negotiations. >> why the institute? >> it is very important within the culture. we are a culture of words, voices. words are key to our imagination, our capacity to envision. we ourselves are not completely tied to print on the page of writing. i think that there is no other art form that is so readily accessible. it is something in literature that just captures the human spirit. >> this weekend, join "book tv" as we look behind the scenes at the history and literary life of new york's capital city, albany. saturday on c-span 2. and on "american history" on c- span 3. >> not the economic impact on the u.s. economy and american competitiveness and the proposal to allow more skilled workers to remain in the u.s. the conversation includes senator mark warner. this event is being hosted by the university of virginia oc miller center -- virginia's miller's center. [applause] >> thank you, distinguished guests. welcome to the national press club. it is our fifth annual meeting of the conference on the world eco
after that, speaker john boehner and nancy pelosi on the so- called fiscal cliff negotiations. >> why the institute? >> it is very important within the culture. we are a culture of words, voices. words are key to our imagination, our capacity to envision. we ourselves are not completely tied to print on the page of writing. i think that there is no other art form that is so readily accessible. it is something in literature that just captures the human spirit. >> this weekend,...
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our coverage of the fiscal cliff includes speaker john boehner and minority leader nancy pelosi. that is coming up in a little more than 10 minutes. first, though, president obama speaks to members of the business roundtable about the economy. he told the c.e.o.'s that he would not negotiate as a precondition for raising the borrowing limit. because of technical problems, we are only able to show you part of his speech. >> we at the business roundtable are grateful to both the electricity -- for the engagement we have had with you and members of your team. listen, i know your team has really reached out significantly over the last few months to many people in this room. and i know personally from my work in the last three years on the export council that the outreach to us is again you in and we know you are seeking solutions that was outlined very sincerely this morning when we met with jack and the rest of the team. sense of purpose and commitment from us as we engage with you. there aren't a lot of wall flowers in here and eager for a two-way exchange nonetheless and hopefully
our coverage of the fiscal cliff includes speaker john boehner and minority leader nancy pelosi. that is coming up in a little more than 10 minutes. first, though, president obama speaks to members of the business roundtable about the economy. he told the c.e.o.'s that he would not negotiate as a precondition for raising the borrowing limit. because of technical problems, we are only able to show you part of his speech. >> we at the business roundtable are grateful to both the electricity...
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after that, house speaker john boehner and minority leader nancy pelosi followed by president obama's comments. the house of representatives has finished their business for the week. they looked ahead to how negotiations on the fiscal cliff might affect the house schedule. this is half an hour. hank the gentleman. i yield to the majority leader. mr. cantor: i thank the gentleman, mr. speaker. on monday, no votes are expected in the house. on tuesday the house will meet at noon for morning hour and 2:00 p.m. for legislative business. votes will be postponed until 6:30 p.m. on wednesday the house will meet at 10:00 a.m. for morning hour and noon for legislative business. on thursday the house will meet at 9:00 a.m. for legislative business. last votes of the week are expected no later than 3:00 p.m. on thursday. members are advised that this is a change from the original house calendar. mr. speaker, the house will consider a number of bills under suspension of the rules, a complete list of which will be announced by the close of business friday. additionally the house will appoint confe
after that, house speaker john boehner and minority leader nancy pelosi followed by president obama's comments. the house of representatives has finished their business for the week. they looked ahead to how negotiations on the fiscal cliff might affect the house schedule. this is half an hour. hank the gentleman. i yield to the majority leader. mr. cantor: i thank the gentleman, mr. speaker. on monday, no votes are expected in the house. on tuesday the house will meet at noon for morning hour...
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pelosi, and harry reid saying we still want to see what they're willing to do before we move forward. it's the same line we've heard for a long time, we're just closer to the deadline now. >> in harry reid's comments he seemed to give an indication of a timetable. did he seem optimistic or pessimistic about getting it done? >> he seemed pessimistic, which was funny because speaker boehner said he was optimistic earlier today. he said there wasn't a huge likelihood of a deal before christmas but i think right now people are sort of trying to temper expectations and put patients' bill of rights on the other party. when you hear the senate majority leader saying that he doesn't think it's going to be a deal and then blaming republicans, i think that's posturing and gaining further cooperation whereas if the -- while the white house feels it has the upper hand. >> how is the white house characterizing these talks and back channel scutions between the president and speaker? >> the exact quote they keep giving over and over again is the lines of communication are open. that is, -- that is
pelosi, and harry reid saying we still want to see what they're willing to do before we move forward. it's the same line we've heard for a long time, we're just closer to the deadline now. >> in harry reid's comments he seemed to give an indication of a timetable. did he seem optimistic or pessimistic about getting it done? >> he seemed pessimistic, which was funny because speaker boehner said he was optimistic earlier today. he said there wasn't a huge likelihood of a deal before...
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pelosi reacted to commons, say democrats are ready to bring a bill to the floor. -- ms. pelosi: thank you very much, mr. speaker. i'm glad that our speaker has brought the fiscal challenges to this floor. it's been long overdue. we have been calling on the speaker to bring forth middle-income tax cut now for a very long time. in fact, since last summer when it passed the united states senate. the president stands ready and poised with his pen to sign it. democrats in the house have a discharge petition to bring that bill to the floor. what stands in the way is an act on the part of the republican majority to bring a middle-income tax cut to the floor of the house. which across the country has almost universal support and which i think in this body, given the right to vote for it would have overwhelming support. up until know, everybody in the country, in pact in the world, have been talking about what's going to happen, those who pay attention to such matters, what's going to happen to the -- in the budget debate in the congress and witthe president . at last that subjec
pelosi reacted to commons, say democrats are ready to bring a bill to the floor. -- ms. pelosi: thank you very much, mr. speaker. i'm glad that our speaker has brought the fiscal challenges to this floor. it's been long overdue. we have been calling on the speaker to bring forth middle-income tax cut now for a very long time. in fact, since last summer when it passed the united states senate. the president stands ready and poised with his pen to sign it. democrats in the house have a discharge...
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. >> nancy pelosi also briefed reporters today on the latest fiscal cliff negotiations and the economy. lawmakers have three weeks before the bush-era tax cuts are set to expire for most americans. >> good morning. thank you for being here. here we are, 18 days from a possible fiscal cliff. hopefully not. 12 days until christmas. and here we are once again, having a key to the zero-day work week in the congress of the united states. you have to ask the question -- why are we going home instead of working very hard to forge an agreement to avoid that fiscal cliff? why are we not working very hard to pass legislation to address the needs post by katrina? people out there are waiting to see if we can manage what we're doing. if we take christmas and any back in time, because the most precious of all commodities, because they cannot predict results. if we take christmas an engineer back from there, because that is the day we will not see in session if we could engineer a path forward to say what can we do in that amount of time -- we have to come to some agreement in the next couple of day
. >> nancy pelosi also briefed reporters today on the latest fiscal cliff negotiations and the economy. lawmakers have three weeks before the bush-era tax cuts are set to expire for most americans. >> good morning. thank you for being here. here we are, 18 days from a possible fiscal cliff. hopefully not. 12 days until christmas. and here we are once again, having a key to the zero-day work week in the congress of the united states. you have to ask the question -- why are we going...
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how -- the house leader, nancy pelosi, has a discharge petition to put extending tax cuts for the middle class on the floor. you're the vote counter. do you have enough votes? guest: we don't have enough votes to get the discharge petition out. i think the republican will hold out. the discharge petition makes a point but is often not successful. the republican may do that because as that article said, there are' in a box. they are now appear to be defending tax cuts for the rich even at the expense of tax cuts for 98% of americans and it's not a good place to be. that backup position has a lot of danger in it. if we go back to the debt ceiling fight where we literally are willing to use that as an economic weapon of mass destruction to get our way, and that's what the speaker's talking about, using the debt ceiling to force his view on the president with respect to the budget, there are enormous collateral damage consequences to using that tool because we default and america's never defaulted. we came within a bhiss consider of doing that in august -- within a whisker of doing that in a
how -- the house leader, nancy pelosi, has a discharge petition to put extending tax cuts for the middle class on the floor. you're the vote counter. do you have enough votes? guest: we don't have enough votes to get the discharge petition out. i think the republican will hold out. the discharge petition makes a point but is often not successful. the republican may do that because as that article said, there are' in a box. they are now appear to be defending tax cuts for the rich even at the...
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. >> an hour after speaker boehner's news conference, house majority leader nancy pelosi spoke with reporters. she caught on the white house to vote on legislation to extend tax cuts for people making under $250,000 per year. >> just barely morning. good morning. three received the news that the economy has added 146,000 jobs last month. the unemployment rate fell to 7.7%. we marked the 33rd consecutive month of private-sector job growth. our economy is moving forward. it could be growing faster. the republican leadership should have taken up and passed some of president obama's java job initiatives and middle income tax cuts. having held of those initiatives, speaker boehner said, democrats are for walking the economy to the fiscal cliff, yet this is the same leadership that have the house in session barely a day this week. we have had the election. the president was clear in the campaign that he was advocating for the middle-income tax cuts, a tax cut which gives 100% of taxpayers a tax break, but it also asks the upper 2% pay their fair share. since the election, we have had time to come u
. >> an hour after speaker boehner's news conference, house majority leader nancy pelosi spoke with reporters. she caught on the white house to vote on legislation to extend tax cuts for people making under $250,000 per year. >> just barely morning. good morning. three received the news that the economy has added 146,000 jobs last month. the unemployment rate fell to 7.7%. we marked the 33rd consecutive month of private-sector job growth. our economy is moving forward. it could be...
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in addition, the democratic caucus, under the leadership of nancy pelosi, went over that bill line by line three times. i remember it well. but let me get to the business at hand because, mr. speaker, i haven't seen an honest day's work in congress here in quite a while. earlier this year, a broadcastering company said it reported $320,000 a week to run the house of representatives, but the majority spent the money on shuttling us back and forth to washington and ask us to sit here and twiddle our thumbs. no more. it's time to get down to brass tax and give the american people a return on their multimillion dollar investment. we start here and now by passing the middle class tax cut. all we have to do is take up a senate bill. it's right there. noigs that we ought to really take up the violence against women act from the senate. not the house bill. the house bill did not include numbers of women in america under this act, native american women, gay women, immigrant women and we couldn't tolerate that. let's take the senate bill and pass it that bill has reduced domestic violence 67%.
in addition, the democratic caucus, under the leadership of nancy pelosi, went over that bill line by line three times. i remember it well. but let me get to the business at hand because, mr. speaker, i haven't seen an honest day's work in congress here in quite a while. earlier this year, a broadcastering company said it reported $320,000 a week to run the house of representatives, but the majority spent the money on shuttling us back and forth to washington and ask us to sit here and twiddle...
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the house leader nancy pelosi asked to get them to put extending tax cuts for the middle class on the floor. do you have enough votes? guest: we don't have enough votes to get the discharge petition. discharge petitions often are not successful. the republicans are in a box. now they appear to be defending tax cuts for the rich even at the expense of tax cuts for 98% of americans. it's not a good place to be. but the backup position as a lot of danger in it. if we go back to the debt ceiling fight where we are willing to use that as an economic weapon of mass destruction to get our way and that is what the speaker is talking about the, using the debt ceiling divorce is you want a president with respect to the budget, there are enormous collateral damage consequences to using that tool. we would default. america has never defaulted. we came within a whisper of doing that in august and it led to the current credit downgrade for us in history. the debt ceiling is something republicans and democrats have grandstanded about. last august we went into new territory where it was a hardball ta
the house leader nancy pelosi asked to get them to put extending tax cuts for the middle class on the floor. do you have enough votes? guest: we don't have enough votes to get the discharge petition. discharge petitions often are not successful. the republicans are in a box. now they appear to be defending tax cuts for the rich even at the expense of tax cuts for 98% of americans. it's not a good place to be. but the backup position as a lot of danger in it. if we go back to the debt ceiling...
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here is nancy pelosi. >> we all know the president made it very clear he was supporting the extension of the middle income tax cut. everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying rather than passing that, they want to hold it hostage to giving an additional tax cuts to people making over $250,000 a year. that is not negotiating, that is hostage taking. today on the floor of the house, the democrats have proposed a discharge petition, with only a couple of republicans joining the democrats, would automatically come to the floor, and i predict will receive the overwhelming support through the house of representatives. the american people want us to work together. we are in agreement. why? why can we not vote on something where we have agreement, where we have fairness, that will work to create jobs, to reduce the deficit, and will have fairness. -- fairness? this is the heart of the matter that is holding us here. this is about the $250,000 line that the president said in the campa
here is nancy pelosi. >> we all know the president made it very clear he was supporting the extension of the middle income tax cut. everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying rather than passing that, they want to hold it hostage to giving an additional tax cuts to people making over $250,000 a year. that is not negotiating, that is hostage taking. today on the floor of the...
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pelosi was speaker. this was an unserious proposal. and i can understand why my good friend, the majority leader, would rather not vote on it, because i can't imagine that it would get many, if any, votes in the senate here as well. having made that point, with regard to pntr for russia, when the two parties first sat down to discuss the so-called fiscal cliff, it was widely assumed among republicans that president obama and democrats actually wanted to avoid it. that was the premise that any possible agreement had shown. that was the common goal, or so we thought. over the past couple of weeks it's become increasingly clear to many of us that we were simply wrong about that. incredibly, many top democrats, including the president, seemed perfectly happy -- perfectly happy -- to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. and it explains why the president is now stubbornly insisting on raising tax rates when he himself said jus
pelosi was speaker. this was an unserious proposal. and i can understand why my good friend, the majority leader, would rather not vote on it, because i can't imagine that it would get many, if any, votes in the senate here as well. having made that point, with regard to pntr for russia, when the two parties first sat down to discuss the so-called fiscal cliff, it was widely assumed among republicans that president obama and democrats actually wanted to avoid it. that was the premise that any...
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obviously nancy pelosi has said she doesn't like the idea. as you just said we won. why do we need to trade that this time? >> i don't think there is going to be any trade. there is concern about medicare's long-term fiscal health because people are living longer. and the actuarial tables are a little bit out of whack on this so it's something i think you can evaluate if it is done in a fair way, but we already agreed to $1.2 trillion of spending cuts that are now a law in july of 2011. and there was no revenue in that deal. and i think to get distracted by the spending side we're taking the bait if we do that. >> stephanie: uh-huh. representative you are saying -- first of all is there going to be a vote on the 98% of us getting a tax cut, is there going to be a vote on that? >> sure. i think what will happen is that in some form the present tax rates will stay in effect on a long-term basis. now what procedural mechanism these guys eventually come up with i don't know but that's what the result is going to be. >> stephanie: all right. well it's all good news. thank
obviously nancy pelosi has said she doesn't like the idea. as you just said we won. why do we need to trade that this time? >> i don't think there is going to be any trade. there is concern about medicare's long-term fiscal health because people are living longer. and the actuarial tables are a little bit out of whack on this so it's something i think you can evaluate if it is done in a fair way, but we already agreed to $1.2 trillion of spending cuts that are now a law in july of 2011....
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and meanwhile nancy pelosi -- she is being sweet. she said she understands it's tough -- it's hard being speaker. >> that's what we all take the job to do to risk it for something, not to just sit in the office but you have to do it. so is the point that you don't want to put your members on the spot, figure it out. we did. figure it out. >> i'm not going to take advice from the chicks! >> stephanie: my friend tradition and i start ever phone conversation like this, oh it's tough, it's hard! here it is our favorite maria banford bit. >> it's hard being single in the holiday, and i can't listen to love songs where are you calling from tonight what are your requestings and dedications, happy holidays where are you calling from? [ inaudible ] hi what is going on with you tonight amy? [ inaudible ] so you and matt broke up, that's hard. that's tough. what do you want to say to matt tonight? [ inaudible ] [ moaning ] we'll play that for you that's lionel richie. [ applause ] >> when she is playing a d.j. that's when she sounds like she ha
and meanwhile nancy pelosi -- she is being sweet. she said she understands it's tough -- it's hard being speaker. >> that's what we all take the job to do to risk it for something, not to just sit in the office but you have to do it. so is the point that you don't want to put your members on the spot, figure it out. we did. figure it out. >> i'm not going to take advice from the chicks! >> stephanie: my friend tradition and i start ever phone conversation like this, oh it's...
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. >> stephanie: discharge petition, you heard nancy pelosi talking about this. to vote on the middle class tax cuts in the house. he joins us now. good morning representative. >> good morning. thank you for having me. >> stephanie: was it yesterday you filed it? >> we filed it at noon yesterday. we've got over 150 folks signed on. >> stephanie: that's awesome. so just talk to us about what you think is going to happen and on what timeframe. >> well what it is -- what we're saying is yes, there's a lot of big issues to take care of. we all agree we're not going to let tax rates increase on those families making less than $250,000 which is, of course, everybody gets that break on their first $250,000 and 98% of people don't make that much. we said let's pass that. take that off the table. then come back to this other to end the drama. >> stephanie: what it does, it brings the senate past middle class tax cuts which president obama said he will sign immediately to the house. >> what we could do, if we get the 218 signatures, we'll need some help from what i would c
. >> stephanie: discharge petition, you heard nancy pelosi talking about this. to vote on the middle class tax cuts in the house. he joins us now. good morning representative. >> good morning. thank you for having me. >> stephanie: was it yesterday you filed it? >> we filed it at noon yesterday. we've got over 150 folks signed on. >> stephanie: that's awesome. so just talk to us about what you think is going to happen and on what timeframe. >> well what it is...
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pelosi wants. >> i disagree with that. >> we have agreed so far on almost everything so. >> not here to necessarily agree. >> not 95, '96, gingrich who could dictate. if john boehner did which was walk into the caucus and say accept this or i am leaving, they will say bye. same thing with obama. the democratic caucus thinks they have the leverage >> bill: 20 minutes. here stan collender lendcollender. i am going to ask you about apple announcing that they are going to have a whole new line of computer manufacturing in the united states and what that means leading up to the job numbers at the bottom of the hour. "full-court press," friday december 7th. >> this is the if you recall court press. , the bill res show live on your radio and on current t.v. street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why
pelosi wants. >> i disagree with that. >> we have agreed so far on almost everything so. >> not here to necessarily agree. >> not 95, '96, gingrich who could dictate. if john boehner did which was walk into the caucus and say accept this or i am leaving, they will say bye. same thing with obama. the democratic caucus thinks they have the leverage >> bill: 20 minutes. here stan collender lendcollender. i am going to ask you about apple announcing that they are going...
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representative nancy pelosi. >> what they offered in return was an empty letter. lacking in specifics. >> stephanie: all right. boehner, this was after the meeting on friday. at the white house. >> this isn't a progress report because there is no progress to report. >> it is clever. >> stephanie: jim's impression is slightly more drunk than boehner sounds. >> can we hear that again? >> stephanie: yes. >> this isn't a progress report because there's no progress to report. >> there's no progress to report. ha ha! >> stephanie: he's drifting into tom delayish territory. >> wow! >> conservatives saw the savagery of 9-11 and the effects in the tax -- prepared for war. liberals saw this -- savagery of 9-11 of the tax and wanted to prepare indictments. and offer therapeutic understanding for our attackers. that's not slander. that's the truth. >> that is a totally drunk uncle. oh god. >> kids these days. >> stephanie: i like the ones where he takes four tries at the same word. do not help me! i've got this. >> we haven't played that in a long time. >> stephanie: i change
representative nancy pelosi. >> what they offered in return was an empty letter. lacking in specifics. >> stephanie: all right. boehner, this was after the meeting on friday. at the white house. >> this isn't a progress report because there is no progress to report. >> it is clever. >> stephanie: jim's impression is slightly more drunk than boehner sounds. >> can we hear that again? >> stephanie: yes. >> this isn't a progress report because...
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and nancy pelosi talking about that yesterday. >> raising the retirement age does not get you that much money, so you are doing a bad thing when it comes to seniors, and you are not achieving your goal. we're saying does it work? it is fair? or is it just a trophy the republicans want to take home whether or not it achieves -- contributes to reducing the deficit, and creating jobs. >> stephanie: she said don't go there. she said don't go there. and made the very points that she just made right there. >> uh-huh. >> stephanie: we were talking about the threatening letter. she got a letter from foster freeze among other people -- oh jenny thomas. >> please and thank you. >> stephanie: exactly. clarence thomas's wife. >> this weekend foster freeze invites you to come to frothyville. we'll see you this weekend at frothy ♪ >> stephanie: yay! [ applause ] >> be sure to wear your brown sweater vest. [ wah wah ] >> stephanie: oh jim louise. kids what are they going to think of next go to meeting. in business today you need the right tools to be successful. you know that. that's why i recommend
and nancy pelosi talking about that yesterday. >> raising the retirement age does not get you that much money, so you are doing a bad thing when it comes to seniors, and you are not achieving your goal. we're saying does it work? it is fair? or is it just a trophy the republicans want to take home whether or not it achieves -- contributes to reducing the deficit, and creating jobs. >> stephanie: she said don't go there. she said don't go there. and made the very points that she just...